For Sale
$4,500,000

535 Migeon Ave Torrington, CT 06790

Prime Retail/Industrial Opportunity, 225,000 SF

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 225,000-square-foot shopping center, situated on an expansive 11.51-acre lot in Torrington, Connecticut, presents a compelling investment opportunity. Located at 535 Migeon Ave, zip code 06790, this property boasts a desirable location with strong demographics within a 1, 3, and 5-mile radius. The building's industrial and retail zoning allows for a multitude of potential uses, making it highly adaptable to various business needs. The asking price is $4,500,000, translating to a price per square foot of $20. The property features a substantial 16-foot ceiling height, providing ample vertical space for diverse operational requirements. Its large footprint and expansive lot size offer significant potential for redevelopment or expansion, catering to a wide range of development projects. This property is ideal for investors seeking a versatile asset with strong growth potential in a thriving market. The property's size and location make it an attractive proposition for businesses seeking a significant presence in the Torrington area. The combination of industrial and retail zoning provides flexibility for a variety of uses, maximizing the potential return on investment. This is a rare opportunity to acquire a substantial property with significant upside potential in a desirable Connecticut location.

Highlights

  • 225,000 SF industrial/retail property.
  • 11.51-acre lot.
  • Excellent redevelopment potential.
  • Strong demographics within 1, 3, and 5-mile radius.
  • Multiple potential uses.

Property Details for 535 Migeon Ave

Property type
Lifestyle centers, Power centers
Square Feet
225,000 SF
Lot Size (sq. ft)
501,376 SF

Location Insight

City
Torrington
County
Litchfield
State
Connecticut
Latitude
41.812544
Longitude
-73.134721

FAQs

What type of property is this?
Lifestyle center - Prime Retail/Industrial Opportunity, 225,000 SF
Where is the lifestyle center located?
The property is located at 535 Migeon Ave Torrington, CT.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 225,000 SF industrial/retail property.; 11.51-acre lot.; Excellent redevelopment potential.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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535 Migeon Ave
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